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September 20, 2021

Better turnaround times reported at Chattogram Port

Foreign Ports, Trending News
CHITTAGONG : In a rare development, Chattogram Port has been able to allow container ships to berth faster upon arrival over the past 40 days, enabling brisk delivery of imports. Vessels usually have to
September 20, 2021

Ocean Cleanup struggles to fulfill promise to scoop up plastic at Sea

Maritime, Trending News
VICTORIA (CANADA) : Docked at a Canadian port, crew members returned from a test run of the Ocean Cleanup’s system to rid the Pacific of plastic trash were thrilled by the meager results — even as marine scientists
September 18, 2021

Soaring freight cost a global phenomenon: Goyal

Logistics, Trending News
SURAT : Union Industries Minister Shri Piyush Goyal claimed that the government has limited role in this role to play in the demand-driven market after describing shortage of containers and the spiralling freight costs
September 18, 2021

Nitin Gadkari emphasize importance of modern and high quality roads for Economic development

Transport, Trending News
NEW DELHI : Union Minister for Road Transport and Highways Shri Nitin Gadkari has emphasized on importance of network of modern and high quality roads for economic development and creating employment opportunities. Interacting with
September 18, 2021

CONCOR to impose ‘equipment imbalance surcharge’ from October 1

Trade, Trending News
MUMBAI : State-owned Container Corporation of India Ltd (Concor) will levy a so-called equipment imbalance surcharge of ₹1,000 for 20-foot and ₹2,000 for 40-foot containers on all export-import loaded containers at its terminals, private
September 18, 2021

DHL Express to hike prices in India by 6.9 pc on average next year

Logistics, Trending News
MUMBAI : DHL Express will hike its prices in India by 6.9 per cent on an average from January 1, 2022, as part of its annual price revision exercise globally, the company said on
September 18, 2021

Congestion at LongBeach & LosAngeles ports could impact holiday shopping

International Shipping, Trending News
LOS ANGELES : Current port delays on the US West Coast are contributing to the extraordinary lack of available vessel capacity that we are currently seeing globally, which is putting immense pressure on ever-tightening
September 18, 2021

Improved volumes, margins point to strong FY22 for CONCOR

Trending News, Logistics
NEW DELHI : The Container Corporation of India (Concor) stock has gained over 11 per cent since the last week of August on the back of a recovery in trade volumes and expectations of
September 18, 2021

Decarbonisation and shipping – setting the stage for COP26

Shipping, Trending News
LONDON : Decarbonisation was top of the agenda at London International Shipping Week, with an eye to shipping’s place at COP26 in Glasgow. For UK government representatives at the conference, the UK’s presidency of
September 18, 2021

Technology continues to be a catalyst for efficiency gains

Foreign Ports, Trending News
NEWCASTLE : It has a one-direction channel of variable depth with a tidal range of more than 7m, but despite its constraints throughput at the Port of Port Hedland has almost quadrupled in just
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